Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200) Days Payable: 92.68 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920200 Zenkung Heavy Industry (Jiangsu) Co Ltd BJSE:920200
19 GF Score
Price ¥29.66
! 3 Warning Signs
View Full Analysis

What is Zenkung Heavy Industry (Jiangsu) Co Days Payable?

Zenkung Heavy Industry (Jiangsu) Co BJSE:920200 19 Days Payable is 92.68 as of Dec. 2025, which is 5% above its 10-year median of 88.15. GuruFocus rates BJSE:920200 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 2,993 Industrial Products companies, Zenkung Heavy Industry (Jiangsu) Co ranks better than 56.97% on this metric.

Zenkung Heavy Industry (Jiangsu) Co's average Accounts Payable for the three months ended in Dec. 2025 was ¥271 Mil. Zenkung Heavy Industry (Jiangsu) Co's Cost of Goods Sold for the three months ended in Dec. 2025 was ¥267 Mil. Hence, Zenkung Heavy Industry (Jiangsu) Co's Days Payable for the three months ended in Dec. 2025 was 92.68.

The historical rank and industry rank for Zenkung Heavy Industry (Jiangsu) Co's Days Payable or its related term are showing as below:

BJSE:920200' s Days Payable Range Over the Past 10 Years
Min: 81.13   Med: 88.15   Max: 126
Current: 91.46

During the past 4 years, Zenkung Heavy Industry (Jiangsu) Co's highest Days Payable was 126.00. The lowest was 81.13. And the median was 88.15.

BJSE:920200's Days Payable is ranked better than
56.97% of 2993 companies
in the Industrial Products industry
Industry Median: 77.37 vs BJSE:920200: 91.46

Zenkung Heavy Industry (Jiangsu) Co's Days Payable increased from Dec. 2024 (79.83) to Dec. 2025 (92.68). It may suggest that Zenkung Heavy Industry (Jiangsu) Co delayed paying its suppliers.


Zenkung Heavy Industry (Jiangsu) Co Days Payable Related Terms


Zenkung Heavy Industry (Jiangsu) Co Days Payable Historical Data

* Premium members only.

The historical data trend for Zenkung Heavy Industry (Jiangsu) Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zenkung Heavy Industry (Jiangsu) Co Days Payable Chart

Zenkung Heavy Industry (Jiangsu) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
126.00 91.55 81.13 84.75

Zenkung Heavy Industry (Jiangsu) Co Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.83 0.00 54.90 89.68 92.68

BJSE:920200 vs CRS, ATI, MLI: Days Payable Comparison

For the Metal Fabrication subindustry, Zenkung Heavy Industry (Jiangsu) Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zenkung Heavy Industry (Jiangsu) Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zenkung Heavy Industry (Jiangsu) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zenkung Heavy Industry (Jiangsu) Co's Days Payable falls into.


BJSE:920200
19GF Score
Zenkung Heavy Industry (Jiangsu) Co Ltd BJSE:920200
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenkung Heavy Industry (Jiangsu) Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Zenkung Heavy Industry (Jiangsu) Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (221.703 + 273.951) / 2 ) / 1067.352*365
=247.827 / 1067.352*365
=84.75

Zenkung Heavy Industry (Jiangsu) Co's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (268.285 + 273.951) / 2 ) / 266.925*365 / 4
=271.118 / 266.925*365 / 4
=92.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 92.68 mean?
Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200) has a Days Payable of 92.68 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zenkung Heavy Industry (Jiangsu) Co and its competitors. This is near median its historical median of 88.15. Over the past decade, Zenkung Heavy Industry (Jiangsu) Co's Days Payable has ranged from 81.13 to 126.00. According to the industry distribution chart, Zenkung Heavy Industry (Jiangsu) Co ranks #1288 out of 2993 companies in the Industrial Products industry, placing it in the top 43%.
Is Zenkung Heavy Industry (Jiangsu) Co's Days Payable too high?
Zenkung Heavy Industry (Jiangsu) Co's current Days Payable of 92.68 is near median its 10-year median of 88.15. Over the past 10 years, this metric has ranged from a low of 81.13 to a high of 126.00. The Industrial Products industry median Days Payable is 77.37. Zenkung Heavy Industry (Jiangsu) Co's value of 92.68 is 19.8% above this industry median. Based on the distribution chart, Zenkung Heavy Industry (Jiangsu) Co ranks #1288 out of 2993 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zenkung Heavy Industry (Jiangsu) Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Zenkung Heavy Industry (Jiangsu) Co's Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Zenkung Heavy Industry (Jiangsu) Co ranks #1288 out of 2993 companies for Days Payable. This puts Zenkung Heavy Industry (Jiangsu) Co in the upper half of its industry. The industry median Days Payable is 77.37. Zenkung Heavy Industry (Jiangsu) Co's value of 92.68 is 19.8% above this benchmark. Historically, Zenkung Heavy Industry (Jiangsu) Co's own Days Payable has ranged from 81.13 to 126.00 over the past decade. While the company's 10-year median is 88.15 vs. the industry median of 77.37, Zenkung Heavy Industry (Jiangsu) Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.37, based on 2,993 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zenkung Heavy Industry (Jiangsu) Co's current Days Payable of 92.68 is 19.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zenkung Heavy Industry (Jiangsu) Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenkung Heavy Industry (Jiangsu) Co's current Days Payable is 92.68, which is near median its own 10-year median of 88.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenkung Heavy Industry (Jiangsu) Co stock overvalued right now?
Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200) has a current Days Payable of 92.68. The current Days Payable is 92.68, which is near median its 10-year median of 88.15 and 19.8% above the Industrial Products industry median of 77.37. Zenkung Heavy Industry (Jiangsu) Co's overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200), the current Days Payable is 92.68 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zenkung Heavy Industry (Jiangsu) Co Business Description

Address No. 888, East Section of Furong Avenue, Jiangyin City, Jiangsu Province, Wuxi, CHN, 214421
Zenkung Heavy Industry (Jiangsu) Co Ltd is engaged in the research, development, production, and sale of forged wind turbine main shafts and other large-scale metal forgings. Its activities also include the manufacturing and sale of forgings and powder metallurgy products, as well as road freight transport services (excluding hazardous goods), subject to regulatory approvals. Its product categories include irregular parts, turbine shaft, roller shaft, ring forgings, Ship Axle, Wind turbine shaft Gear shaft.
19GF Score

Get the complete analysis for BJSE:920200

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥29.66
Price